This place is just a block away from my current rental -- and I absolutely love my neighborhood in Cleveland, Ohio.I've run the numbers below and am hoping that some might have some advice on if this seems like a smart choice.HOUSE DETAILS.07 Acres, Built 1890, Paved Driveway, Asphalt/Fiberlass Roof, Vinyl Exterior, Unit 1: 650 sqft, 1 bedroomUnit 2: 1,200 sqft, 2 bedroomsRUNNING THE NUMBERSTotal Rental Income: $1,900Total Monthly Expenses: $1,730Total Monthly Cashflow: $170COC ROI: 6.1%The house is in fairly good shape.

People seem to love investing in Cleveland for cashflow, until you realize that since 2000, homes have depreciated by roughly 5% per neighborhoodscout.com. 

Alright we have had a significant update on the Toledo Lead Paint Ordinance and wanted to post the details for those of us who own property in Toledo (or Ohio, we have several municipalities such as Cleveland, Columbus, and Cincinnati/Dayton who are enacting similar versions once they felt licensing and inspecting was a source of income).Lucas County Docket Filing 3-19-2018 - Dismissal of ABLE from CaseThe lawsuit filed by the Property Investor's Network (PIN) here in Toledo challenged the constitutionality of the lawsuit (there are about 300 pages on the docket with each side arguing their case).http://lcapps.co.lucas.oh.us/onlinedockets/Docket....Click on the "Public Documents" link at the top left to see the various filings.Anyway- so today the judge has made her first ruling on the case...removing ABLE and a lead paint affected tenant from the case.

Im a new investor from the Akron/Cleveland area primarily involved in whole/rehab deals.

We've decided relocate back Cleveland Ohio to be close to family for our daughter.

He is very knowledgeable about the Cleveland, OH market. 

Hi,I am looking into buying a multi family unit home in the Cleveland area.

It is an excellent resource.I plan on purchasing homes in Ohio, mainly Cleveland, Akron and Toledo, and renting them out to section 8 tenants.I have over $100,000 to invest.

I'm investing with the Holton Wise group up in Parma, in the Cleveland area.Closing one one deal hopefully this week, and looking at another soon.My work takes me to Cleveland occasionally, and each time I'm more and more impressed with the area.Give Nicholas Varner a call at Holton Wise.

Here are some relevant articles that go into more detail on out of state investing:https://www.kiavi.com/blog/out-of-state-real-estate-investinghttps://learn.roofstock.com/blog/out-of-state-real-estate-investing I choose to invest in Cleveland and Columbus, Ohio.